Jack has a credit card balance of $8000. His monthly interest rate is 4%. He never any monthly payments. Write an exponential function to model the situation. How much will jack owe after 5 months?
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Home » Mathematics » Jack has a credit card balance of $8000. His monthly interest rate is 4%. He never any monthly payments. Write an exponential function to model the situation. How much will jack owe after 5 months?